Empty shops, falling rents: commercial property suffers in China retail slump

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Source: South China Morning Post
Published: 2026-02-23 17:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Tax & Budget, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
China’s key shopping street rents have fallen to 2018 levels as cautious consumers cut spending and landlords lower prices to fill vacancies
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